Tag: energy

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Hungary energy import breaks record in 2018

January 10, 2019, 9:34 am
Although the system load in nearly every period of 2018 - peak periods and periods with minimum power demand - exceeded the 2017 values, gross electricity produced by local power plants declined substantially... 

Mol-INA case: Croatian move might signal a turnaround

January 9, 2019, 5:12 pm
The Croatian government is amending the privatisation law regarding INA and giving up its special rights in the oil company, local daily newspaper Jutarnji List reported on Wednesday. The paper interpreted... 

Share of cars running on petrol in Hungary among the highest in EU

January 9, 2019, 11:31 am
Hungary runs one of the highest ratios of cars running on petrol in the entire European Union, while the share of diesel-driven cars is among the lowest, according to 2016 data published by Eurostat, the... 

Hungary Mol lowers diesel price again

January 9, 2019, 9:26 am
Hungarian oil and gas group Mol has lowered the wholesale list price of diesel by 4 forints per litre on Wednesday, while the price of 95-octane gasoline has not been changed. The average price of gasoline... 

Price cuts continue: diesel to become cheaper again in Hungary

January 7, 2019, 2:31 pm
Hungarian oil and gas group Mol is to reduce the wholesale list price of diesel by 4 forints per litre on Wednesday, while the price of 95-octane gasoline will not be changed. The average price of gasoline... 

Mol cuts price of diesel

December 21, 2018, 10:44 am
Hungarian oil company Mol lowered the gross price of diesel fuel by HUF 3 on Friday, while leaving the price of 95-octane gasoline unchanged. Diesel will cost HUF 385 per litre and gasoline HUF 351... 

Hungary daily power consumption breaks new record

December 20, 2018, 2:05 pm
Daily power usage figure keep breaking records in December due to the cold weather, the Hungarian Independent Transmission Operator (Mavir) said on Thursday. Electricity consumption was 6,869 MW in... 

Mol to lower fuel prices

December 19, 2018, 6:55 pm
Hungarian oil company Mol will lower the gross price of diesel fuel by HUF 3 as of Friday, while leaving the price of 95-octane gasoline unchanged. Diesel will cost HUF 385 per litre and gasoline HUF... 

Aldi, E.ON to install 360 charging points for e-cars in Hungary

December 19, 2018, 12:50 pm
Discount retailer Aldi and utility E.ON, both German-owned, signed a deal to install charging stations for electric cars in the parking lots of 123 Aldi stores and to add similar stations to most newly... 

Hungary to buy gas from Cyprus

December 14, 2018, 4:31 pm
Hungary and Cyprus have concluded a bilateral energy agreement for the inclusion of Cypriot gas in the Hungarian supply. “Hungary is continuously looking for alternative opportunities with which... 

Hungary Mol cuts price of diesel

December 14, 2018, 8:23 am
Hungarian oil and gas group Mol has lowered the wholesale list price of diesel by HUF 2 forints per litre on Friday, while the price of the 95-octane gasoline has not changed this time. The average... 

Concreting at Hungary's Paks NPP could start in 2019

December 12, 2018, 11:24 am
Rosatom expects to start concreting at Paks 2 nuclear power plant (NPP) in Hungary in 2019 and 2020, depending on license receipt time and project economics, Chief Executive Officer of the Russian nuclear... 

CEZ to set up charging stations in Hungary

December 6, 2018, 11:34 am
Czech energy group CEZ is to set up fast-charging stations in Hungary. In the first stage, CEZ will focus on its home market, but then it wants to expand its network in countries where it is already present:... 

Hungary Mol amends employee share ownership program

December 6, 2018, 8:55 am
The Board of Directors of Hungarian oil and gas group Mol has decided to amend the funding process of Mol Employee Share Ownership Program Organization (Mol ESOP Organization) in order to comply with the... 

Hungary's Orbán has firm opinion on Mol-INA dispute

December 4, 2018, 11:34 am
“I know of no economic issue more valuable than the 800-year friendship between the Hungarians and the Croatians," said Hungary’s Prime Minister Viktor Orbán in Zagreb on Monday, following... 

Fuel prices to be lowered in Hungary on Wednesday

December 3, 2018, 3:00 pm
Hungarian oil and gas group Mol is to lower the wholesale list price of 95-octane gasoline by HUF 2 and the price of diesel by HUF 6 forints per litre on Wednesday. The average price of gasoline will... 

Hungary's Mátra Power Plant to open new coal mine

December 3, 2018, 12:24 pm
Management of Hungary’s Mátra Power Plant (Mátrai Erőmű Zrt.) projects positive pre-tax profit for 2018, although the company closed the first half of the year 5.9 billion forints in the red. The... 

Fuel prices in Hungary have just been lowered again

November 30, 2018, 8:37 am
Hungarian fuels group Mol has lowered motor fuel prices for the second time this week on Friday. The wholesale list price of 95-octane gasoline has been cut by HUF 3 per litre and the price of diesel by... 

Hungary Mol wins Energy Company of the Year Award (mid cap)

November 28, 2018, 3:37 pm
Hungarian oil and gas group Mol and its executive vice-president for consumer services are among the winners of the 2018 Petroleum Economist Awards that were presented in London on Tuesday. On 27 November... 

Hungary Mol settles option agreement, signs new deal with ING

November 27, 2018, 8:50 am
ING Bank has obtained over 33.7 million shares of Hungarian fuels group Mol via a share option agreement, and the two companies have entered into a new purchase agreement under which ING will receive more... 
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